Gold Intraday: key resistance at 1814.00.
Pivot:
1814.00
Our preference:
Short positions below 1814.00 with targets at 1800.00 & 1795.00 in extension.
Alternative scenario:
Above 1814.00 look for further upside with 1819.00 & 1824.00 as targets.
Comment:
As long as the resistance at 1814.00 is not surpassed, the risk of the break below 1800.00 remains high.